RICS Commercial Property Survey shows drop in occupier demand

Posted on Nov 20 2013 - 4:47pm by IBC News

PUNE: The RICS India Commercial Property Survey showed signs of a fall in both occupier and investor sentiment during the third quarter of 2013 (July -September).

The Occupier Sentiment Index (OSI) for India fell deeper into negative territory during this period, going from -1 in the second quarter to -22. This was a result of a drop in occupier demand, a pick up in inducements and a moderation in near term rental expectations, although the latter still remain positive.


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